Steven
π€ PersonAppearances Over Time
Podcast Appearances
Okay, well, our viewers can research whether he pays income tax on his income. Because I don't think he does.
Okay, well, our viewers can research whether he pays income tax on his income. Because I don't think he does.
So you think he's paying 60% on his income?
So you think he's paying 60% on his income?
No, what would you say? This guy, he's inherited Β£10 million. So he's worth Β£10 billion. What would you say will be the total amount of tax he will pay in his lifetime?
No, what would you say? This guy, he's inherited Β£10 million. So he's worth Β£10 billion. What would you say will be the total amount of tax he will pay in his lifetime?
So wait, wait, wait. So if I get given Β£10 billion, I don't pay any tax. But if I work for Β£10 billion, I pay 60%. If this is the tax system that you want, you will end up in a system where the kids of the rich will own everything. That's what I'm saying. That's what I'm saying. And that's fine because that's our kids. You're not telling the truth about his situation.
So wait, wait, wait. So if I get given Β£10 billion, I don't pay any tax. But if I work for Β£10 billion, I pay 60%. If this is the tax system that you want, you will end up in a system where the kids of the rich will own everything. That's what I'm saying. That's what I'm saying. And that's fine because that's our kids. You're not telling the truth about his situation.
Let's have a tax system where your kids and my kids and Stephen's kids are multimillionaires and these guys out there can't afford to feed their kids and put the heat in them. That's not what I'm saying. But that's what you'll get. That's not what I'm saying. That is what you'll get. Listen. That's what I'm betting on. That's fine because I'll make money in the markets. It's fine.
Let's have a tax system where your kids and my kids and Stephen's kids are multimillionaires and these guys out there can't afford to feed their kids and put the heat in them. That's not what I'm saying. But that's what you'll get. That's not what I'm saying. That is what you'll get. Listen. That's what I'm betting on. That's fine because I'll make money in the markets. It's fine.
And you'll make money and you'll make money. It's our viewers who will be poor and that's fine. That's fine for us.
And you'll make money and you'll make money. It's our viewers who will be poor and that's fine. That's fine for us.
These really rich guys, what do they own? Companies. And why are those companies worth money?
These really rich guys, what do they own? Companies. And why are those companies worth money?
And where do the revenues come from?
And where do the revenues come from?
Okay.
Okay.
If you push a button⦠What country is your biggest single revenue source?
If you push a button⦠What country is your biggest single revenue source?